CanAsia Energy (CVE:CEC) Trading Up 20% – Should You Buy?

CanAsia Energy Corp. (CVE:CECGet Free Report)’s stock price traded up 20% during trading on Wednesday . The company traded as high as C$0.09 and last traded at C$0.09. 156,406 shares traded hands during mid-day trading, an increase of 348% from the average session volume of 34,903 shares. The stock had previously closed at C$0.08.

CanAsia Energy Stock Down 16.7 %

The company has a market cap of C$8.46 million, a P/E ratio of 9.76, a P/E/G ratio of 0.41 and a beta of 1.01. The business’s 50 day moving average is C$0.09 and its 200 day moving average is C$0.10.

CanAsia Energy Company Profile

(Get Free Report)

CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.

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